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Saturn Oil & Gas Inc T.SOIL

Alternate Symbol(s):  OILSF | T.SOIL.WT.A

Saturn Oil & Gas Inc. is a Canada-based resource company. The Company is engaged in the business of acquisition, exploration and development of petroleum and natural gas resource deposits in Western Canada. It focuses on advancing the exploration and development of its oil and gas properties in Alberta and Saskatchewan. It also focuses on the development of light oil weighted assets in Saskatchewan. Its portfolio includes Southeast Saskatchewan, West Central Saskatchewan, Central Alberta, and North Albert. The core producing properties in Southeast Saskatchewan include its Oxbow assets, which are concentrated within the Mississippian-aged, Midale and Frobisher oil formations and the Bakken assets concentrated in the Bakken formation of Southeast Saskatchewan. The core producing properties in West Central Saskatchewan consist of its Viking assets. The core producing properties in Central Alberta consist of its Cardium assets.


TSX:SOIL - Post by User

Post by BigSchlickon May 22, 2023 10:15pm
420 Views
Post# 35459582

Big gains look likely

Big gains look likely Over the next few months Saturn looks likely to have a rally. Warrants expiring in June and Julya  and graduating from the venture exchange to the senior tsx. On top of that the fcf saturn is earning is industry leading. The fires in Alberta will be dealt with and nature is helping. Saturn is now a 30,000 barrel/day company projected to have $3+ of cash flow/basic share @ $80 wti. Current share price  $2.25.  If your bullish oil this one has torque. With such a low market cap every dollar of debt payed really cranks up shareholder equity
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